FIGURE 3-4

-Refer to Figure 3-4. What does a change from Point A to Point D represent?
A) an increase in quantity demanded
B) a decrease in quantity demanded
C) an increase in demand
D) a decrease in demand

Question

FIGURE 3-4
 
-Refer to Figure 3-4. What does a change from Point A to Point D represent?
A) an increase in quantity demanded 
B) a decrease in quantity demanded 
C) an increase in demand 
D) a decrease in demand

Quizplus · Accepted Answer

Moving from Point A to Point D on a demand curve typically indicates a shift of the curve to the right, which represents an increase in demand, not just a change in the quantity demanded.

FIGURE 3-4 -Refer to Figure 3-4. What Does a Change from Point